The 2023 state budget does not tighten belts and does not cut social costs, Bulgaria’s Minister of Finance Assen Vassilev said for the BNR. We manage to collect taxes and maintain social spending without raising taxes. We inherited from the caretaker cabinet a deficit of EUR 600 million at the end of May, and in June there is a surplus of EUR 100 million, Assen Vassilev explained.
The targeted GDP growth of 1.8% will be achieved. There are no concerns that the budget deficit will exceed 3%. "The budget framework is going to withstand unless a second Chernobyl happens at the Zaporizhzhia NPP. Any requests for wage increases lead to new demands. Money should not be poured into unreformed sectors. If MPs support pay rises in some sectors, that is their decision”, Minister Vassilev added.
The political formation “Yes, Bulgaria” which is part of the opposition coalition “Democratic Bulgaria” is calling a national conference to elect a new leader or two leaders to replace former chairman Hristo Ivanov who resigned over poor results at..
European Council President Antonio Costa will be paying a three-day visit to Bulgaria 27-29 April. His schedule includes meetings with President Rumen Radev and with Prime Minister Rosen Zhelyazkov. He is also expected to visit production and..
During the night there will be rain in many parts. In Eastern Bulgaria and in the Northwest the rain will be temporarily intensive, and there will be thunder. Minimum temperatures 7° C. - 12° C., for Sofia around 8° C. On Sunday the weather..
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday...
Vice President Iliana Iotova is paying a visit to Grasse, France at the invitation of the town mayor Mayor Jerome Viaud and the local cultural..
Young Catholics from all over the country met at the Saint Francis of Assisi church in the village of Belozem, Rakovski municipality, to join, online,..
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